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WB Burgers Asia (WB Burgers Asia) Retained Earnings : $-6.16 Mil (As of Jan. 2024)


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What is WB Burgers Asia Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. WB Burgers Asia's retained earnings for the quarter that ended in Jan. 2024 was $-6.16 Mil.

WB Burgers Asia's quarterly retained earnings declined from Jul. 2023 ($-5.69 Mil) to Oct. 2023 ($-6.14 Mil) and declined from Oct. 2023 ($-6.14 Mil) to Jan. 2024 ($-6.16 Mil).

WB Burgers Asia's annual retained earnings declined from Jul. 2021 ($-0.20 Mil) to Jul. 2022 ($-1.77 Mil) and declined from Jul. 2022 ($-1.77 Mil) to Jul. 2023 ($-5.69 Mil).


WB Burgers Asia Retained Earnings Historical Data

The historical data trend for WB Burgers Asia's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WB Burgers Asia Retained Earnings Chart

WB Burgers Asia Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jul20 Jul21 Jul22 Jul23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -60.81 - -0.20 -1.77 -5.69

WB Burgers Asia Quarterly Data
Jun07 Sep07 Dec07 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.35 -3.66 -5.69 -6.14 -6.16

WB Burgers Asia Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


WB Burgers Asia  (OTCPK:WBBAD) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


WB Burgers Asia (WB Burgers Asia) Business Description

Traded in Other Exchanges
N/A
Address
780 Reservoir Avenue, Suite 123, Cranston, RI, USA, 02910
WB Burgers Asia Inc establishes and operates Wayback Burgers restaurants in Japan.
Executives
Kiyoshi Noda 10 percent owner ROOM 301 1-35-19 NERIMA-KU, NERIMA, TOKYO M0 176-0001
Koichi Ishizuka director, 10 percent owner, officer: CEO, CFO, President 3-1-21, CHUO, NAKANO-KU, TOKYO M0 164-0011
White Knight Co., Ltd. 10 percent owner 3F K MINAMIAOYAMA, 6-6-20 MINAMIAOYAMA, MINATO-KU, TOKYO M0 107-0062
Yuma Muranushi 10 percent owner ROOM 202 3-5-1 HIGASHI AZABU, MINATO-KU, TOKYO M0 106-0044
Flint Consulting Services, Llc 10 percent owner 780 RESERVOIR AVE #123, CRANSTON RI 029910

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